NOT LISTED FOR SALE

1004 El Camino Dr Costa Mesa, CA 92626

7 Beds
5 Baths
4,062 Sq Ft
6,534 Sq Ft Lot

Last Sold January 09, 2020

Last sale price $1,300,000 $320 Per Sq Ft

85 Days on Market

About This Home

As of January 2020

1004 El Camino Drive is a 4 unit multifamily investment opportunity located in the city of Costa Mesa, one of the premier coastal housing markets in Southern California. The 4,062 square foot property consists of studio and two*-, and three-bedroom floor plans, two of which are townhomes. The property offers amenities including gated entry, a central courtyard, and garage parking.

*2 Bed/1 Bath is a Legal 1 Bed/1 Bath

Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 09/23/2019

Last Buyer's Agent

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 09/23/2019

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1964

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls
  • Landscaped

Parking

  • 6 Car Garage

Interior Spaces

  • 4,062 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 50
  • Tax Tract Number 5011
  • Assessor Parcel Number 14166535

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 1 Separate Water Meter
  • Electric Expense $1,889
  • Fuel Expense $1,889
  • Insurance Expense $1,200
  • Maintenance Expense $2,000
  • Other Expense $1,520
  • Trash Expense $1,890
  • Water Sewer Expense $1,890
  • New Taxes Expense $15,898
  • Operating Expense $29,376
  • Gross Income $75,460
  • Net Operating Income $43,850

Property Details

Home Type

Apartment

Year Built

Built in 1964

Lot Details

0

Parking

6

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1890.00
  • Property Type: Residential Income
  • Parcel Number: 14166535
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 320.04

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1890.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Electric Expense: 1889.00
  • Fuel Expense: 1889.00
  • Gross Income: 75460.00
  • Gross Operating Income: 73226.00
  • Gross Scheduled Income: 75460.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 0.1500 Acres
  • Maintenance Expense: 2000.00
  • Net Operating Income: 43850.00
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 29376.00
  • Other Expense: 1520.00
  • Rent Control: No
  • Total Actual Rent: 6205.00
  • Total Expenses: 29376.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 15898.00
  • Tax Census Tract: 639.04
  • Tax Lot: 50
  • Tax Tract Number: 5011

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2020 01/09/20 Sold $1,300,000 -7.1% $320 / Sq Ft
12/17/2019 12/17/19 Pending -- -- --
09/23/2019 09/23/19 For Sale $1,400,000 -- $345 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tyler Leeson

    Seller's Agent in 2020

    Tyler Leeson

    Marcus & Millichap RE Invest

    (949) 419-3200

    2 in this area

    143 Total Sales

    Tyler Leeson
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19226364

California Regional Multiple Listing Service (CRMLS)

APN: 141-665-35

California Orange County Costa Mesa 92626

1004 El Camino Dr, Costa Mesa, CA

This home is located at 1004 El Camino Dr, Costa Mesa, CA 92626 since 23 September 2019. This property was built in 1964. 1004 El Camino Dr is a home located in Orange County with nearby schools including Sonora Elementary School, Costa Mesa High School, and St. John the Baptist Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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